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Seychelles Current Account To GDPSS

Seychelles Current Account To GDP

−7.4% of GDPR
+0.9
% of GDP
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SCCAG chart


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Key data points


Last release
—
Observation period
2023
Next release
—
Forecast
—
Highest
6.44 % of GDP on Dec 31, 1994
Lowest
−28.90 % of GDP on Dec 31, 2007

About Seychelles Current Account To GDP


Category
Trade
Source
Central Bank
Frequency
Annual
Units
% of GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.

Seychelles in figures — see more economic indicators tied to SCCAG.
SCBOT
R
Balance of Trade
−73.2 MUSD
SCCA
R
Current Account
−130.2 MUSD
SCCAG
R
Current Account to GDP
−7.4% of GDP
SCCF
R
Capital Flows
−97.5 MUSD
SCED
R
External Debt
9.6 BSCR
SCEXP
R
Exports
28.82 MUSD
SCFDI
R
Foreign Direct Investment
69.8 MUSD
SCIMP
R
Imports
102.04 MUSD
SCTA
R
Tourist Arrivals
33.14 KPSN
SCTOT
R
Terms of Trade
113.81POINT